Credit Solutions Associate(s), Commercial Banking -Open to Halifax, St. John's and Moncton locations

Scotiabank; Halifax; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A leading bank in the Americas is seeking a Credit Solutions Associate to provide comprehensive underwriting support for growth clients. You will conduct credit analysis, assess financial health, prepare credit reports, and work collaboratively with Client Relationship Managers. Ideal candidates have a degree or equivalent experience, strong credit analysis skills, and a commitment to client service. This role offers a competitive compensation and benefits package, with exciting opportunities for career growth.

Benefits

Competitive compensation and benefits

Professional development opportunities

Internal training for career growth

Qualifications

• Strong knowledge of Financial Statements and credit analysis.
• Detail-oriented and highly organized.
• Ability to manage multiple tasks effectively.

Responsibilities

• Conduct thorough credit analysis and evaluation of loan applications.
• Prepare detailed credit reports and recommendations.
• Monitor and manage the credit risk portfolio.

Skills

Credit analysis

Financial statement evaluation

Client service

Detail-oriented

Knowledge of risk management

Education

College/University degree or equivalent experience

Tools

SalesForce

Intralink

Teams

Job description

Title: Credit Solutions Associate(s), Commercial Banking -Open to Halifax, St. John's and Moncton locations

Requisition ID: 241590

Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture.

The Credit Solutions Associate (CSA) provides the Client Relationship Managers with end‑to‑end credit underwriting support for all growth clients in their assigned portfolio. This will include working with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs and resolution of escalated client challenges. The role is specific to the Growth Segment and the less complex Core clients in Commercial Banking Distribution.

Is this role right for you? In this role, you will:

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Working closely with Client Relationship Managers, the Credit Solutions Associate (CSA) is responsible for providing the following services to a portfolio of existing and prospective clients:

Credit Analysis and evaluations:

• Conduct thorough credit analysis and evaluation of loan applications including required due diligence from commercial clients.
• Assess the financial health, creditworthiness, and risk profile of potential borrowers.
• Prepare detailed credit reports and recommendations for credit approval or denial.
• Analyze financial statements, credit reports, and other relevant documentation to identify potential risks and opportunities.
• Monitor and manage the credit risk portfolio, ensuring compliance with the bank’s risk management policies and procedures.
• Identify and mitigate potential credit risks through proactive monitoring and analysis.
• Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, elevate any signs of deterioration and update appropriate systems.

Compliance:

• Ensure all documentation is organized, accessible, and compliant with the bank’s record keeping policies.
• Ensure all credit analysis and evaluation processes comply with relevant regulatory requirements, internal process, policy and guidelines.
• Stay up to date with changes in regulatory frameworks, internal process, policy, guidelines and industry best practices.

Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if:

Ideally you have a College/University degree or equivalent work experience in a related field.

Strong/proven knowledge of Financial Statements and credit analysis.

Knowledge of credit structures and applicable risk management.

Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner.

Detail‑oriented and highly organized, with the ability to manage multiple tasks and priorities effectively.

Thorough knowledge of the applicable software and technology platforms for Commercial (e.g., SalesForce, Intralink, Teams).

Working knowledge of the features and benefits of Commercial products and services.

A high degree of flexibility to adapt to a wide variety of tasks.

What's in it for you?

The opportunity to join a forward‑thinking organization surrounded by a collaborative team of innovative thinkers.

A rewarding career path with diverse opportunities for professional development.

A competitive compensation and benefits package.

Internal training to support your career growth and enhance your skills.

An organization committed to making a difference in our communities – for you and our customers.

* Two vacancies: open to the Halifax, St. John's and Moncton locations.

** Former job title: Credit Analyst

Location(s): Canada : Nova Scotia : Halifax || Canada : New Brunswick : Moncton || Canada : Newfoundland and Labrador : St John's

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and our communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here.

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.